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3987 8th Avenue $299,000

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    3987 8th Avenue Sacramento, CA 95817

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 19050362 | Active

    $299,000

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    Property Details

    Opportunity knocks! Charming 1912 highwater bungalow located on a large corner lot in Northeast Oak Park. It's an unfinished project, needing floors, kitchens, baths, & finish work. Extensive exterior and landscaping completed, with permits, to include fresh exterior pain, newly sided lower back unit, new brick & concrete walkways, & new fences. Remodel & flip for equity upside or hold for rental income. Rents should be ~ $1200-$1400 for man house, & $900-$1100 for downstairs unit. Would make a great primary residence too; live in one unit & pay the majority of the mortgage by renting the other! The main house is 1-2 beds, 1 bath, ~800sf, with vaulted ceiling, and the 2nd unit is a 1 bedroom 1 bathroom, ~500sf unit. Possibility to convert the full-size basement into a third unit. Just blocks away from the UC Davis Aggie Square development. And it's just a short walk away from the newly redeveloped Broadway District & near both McGeorge Law School and the UC Davis Med Center.

    • General Features
      • Approx. Lot Sq. Ft. 6970
      • HOA No
      • HOA Dues 0
      • Tenant Pays Other-Rmks
      • Year Built 1912
      • County Sacramento
    • Building Features
      • Air Conditioning Central
      • Heat Central
      • Unit 1 Approx. SqFt. 936
      • Unit 2 Approx. SqFt. 420
      • Unit 3 Approx. SqFt. 0
      • Unit 4 Approx. SqFt. 0
      • Construction Frame, Wood
      • Style Description Cottage/Bungalow, Fixer
      • Roof Description Comp Shingle, Flat/Low Pitch
      • Amenities Public Trans Nearby
      • Equipment None
      • Exterior Siding Lap, Wood
      • Furnished None
      • Kitchen Appliances Other-Rmks
    • Property Features
      • Acreage 0.16
      • Parking 1 Space Per Unit
      • Energy Features Ceiling Fan(s), Dual Pane Full
    • Schools
      • Elementary School Sacramento Unified
      • Middle School Sacramento Unified
      • High School Sacramento Unified

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    Neighborhood

    95817 (Sacramento) Demographics

    34Median Age
    6,075Population Density (per sq. mile)
    44%College Educated
    $38,889 Estimated Median Income
    2,402Estimated Total Home Owners
    3,498Estimated Total Renters
    41% / 59%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    13,918Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $299,000 -8%
    9/13/2019 5:44:52 PM Status Changed Source New Value: Active
    8/20/2019 7:44:22 AM Status Changed Source New Value: Pending Sale
    7/19/2019 3:45:00 AM New in Database Source New Value: $325,000

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 9/16/2019 8:48:14 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use